Sometimes, not always, the most experienced is not the most talented and driven in a space like this
His resume and experience is very limited.
We've now had 2 years of his leadership and the share price has gone from above $0.2 to $0.1 and refuses to move.
Growth is low - although it upticked to 15% recently. For a company of this size and lifecycle this is very low growth.
Revenue is only going to be around $90m. Have been waiting years for them to get it above $100m - thought they would have done this at least 2 years ago, if not 3 (although thats not his fault), but he should have had it there by now.
This is hardly good performance:
Davey should have sacked Bucko. Not sure if he should have sacked Jake too or just brought in an experienced CEO who knows how to grow a business.
They have done a good job getting costs under control but it hasn't improved things for investors except maybe preventing further loss.
Are you happy with a CEO who in the last 2 years has delivered a 50% drop in share price?
